Form 4: Hershey Co Executive James Turoff Reports Gift of Common Stock
SEC Form 4 Filing
James Turoff, SVP, GC & Secretary of Hershey Co, reported a gift of 543 shares of common stock on August 30, 2024, according to a Form 4 filing with the SEC.
Summary
- On August 30, 2024, James Turoff, a Senior Vice President, General Counsel, and Secretary at The Hershey Company, reported a transaction involving the company's common stock.
- The transaction involved a gift of 543 shares of common stock.
- Following the transaction, Turoff directly owns 12,277 shares of Hershey Co stock.
- The gift was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a gift of stock. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a significant trend in the company's performance or outlook. It reflects the personal financial decisions of a company executive.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a personal transaction of an executive.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 08/30/2024 | Date of transaction (gift of common stock) |
| 09/03/2024 | Date of Form 4 filing |
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